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Information, Computer Software, and the Evolution of Relations of Production

In: Information, Social Relations and the Economics of High Technology

Author

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  • Michael Perelman

    (California State University)

Abstract

If public goods are defined as the products of high overhead, low marginal cost industries, then information is indeed a prototypical public good. Its marginal cost is virtually zero. If the popular wisdom, that we are becoming more of an information economy, is correct, then the tension between the existing system of social and property relations and optimal economic performance should be severe in the market for information.

Suggested Citation

  • Michael Perelman, 1991. "Information, Computer Software, and the Evolution of Relations of Production," Palgrave Macmillan Books, in: Information, Social Relations and the Economics of High Technology, chapter 5, pages 186-207, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-11161-9_6
    DOI: 10.1007/978-1-349-11161-9_6
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